Maturity Date: 04/20/2017 Settlement Date: 02/05/2016 Coupon Rate: 10% Coupon Frequency: Semiannual Yield-to-Maturity: 12% Day Count Convention: 30/360 (European) what is the percentage change in its price for a 0.5% increase in interest rate for this bond?
Maturity Date: 04/20/2017 Settlement Date: 02/05/2016 Coupon Rate: 10% Coupon Frequency: Semiannual Yield-to-Maturity: 12% Day Count Convention: 30/360 (European) what is the percentage change in its price for a 0.5% increase in interest rate for this bond?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Maturity Date: 04/20/2017
Settlement Date: 02/05/2016
Coupon Rate: 10%
Coupon Frequency: Semiannual
Yield-to-Maturity: 12%
Day Count Convention: 30/360 (European)
what is the percentage change in its price for a 0.5% increase in interest rate for this bond?
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